Author Question: An employer-employee relationship is a. a nonmarket relation b. a principal-agent relation c. a ... (Read 59 times)

kaid0807 · **on:** Jun 30, 2018

An employer-employee relationship is
a. a nonmarket relation
b. a principal-agent relation
c. a comparable worth relation
d. a substitution relation
e. a winner's curse

Question 2

Which of the following is true?
a. In low-income countries, less than 5 percent of those 15 and older were illiterate in 2007
b. In middle-income countries, 17 percent of those 15 and older were illiterate in 2007
c. In high-income countries, 38 percent of those 15 and older were illiterate in 2007
d. Education bears little relationship to economic development in high income countries
e. Education is more important to the economic development of low income countries than it is to high income countries